National Petroleum Corporation (NNPC) Archives | Page 2 of 2

NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) is seeking a $1 billion oil prepayment deal to revamp its moribund Port Harcourt refinery. According to Reuters, once the refurbishment is completed, the

Mele Kyari: We made more money from gas than oil during pandemic

Mele Kyari, group managing director of Nigerian National Petroleum Corporation (NNPC), says the corporation made more money from gas than the oil industry during COVID-19 pandemic. Kyari disclosed this on

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NNPC reduces loss by 99.7% as admin costs drop

The Nigerian National Petroleum Corporation (NNPC) printed a 99.7 percent decline in its loss profile — from N803 billion in 2018 to N1.7 billion in 2019. The corporation, in a

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Reps uncover ‘$15bn crude oil revenue not remitted’ to federation account

The house of representatives ad hoc committee probing the “missing” $17 billion crude oil and liquefied natural gas revenue says it has discovered that $15 billion was unremitted to the

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